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So earnings per share nearly double and market says 'nah'? I know good growth is now priced-in but how much more were they expecting !? Was there some bad forward guidance from Airtel that I missed ? More than happy to hold here.
Is this the right time to buy? , it looks like the share has fallen at the back of good results. What exactly is happening here?
Just jumped aboard , always a dip on results , why?
Gla
Great company. Good RNS.
Selling on good news, market momentum general downward as wholesale trying to buy on the dip.
Hold your shares and top up if you can.
Looks like the MMs are shaking the tree, maybe some big orders to fill ?
On the AAF " share news " site here they state that the div will be 5 cents this year down from 6 cents last year . This is utterly incorrect the full year div is rising to 5 cents from 4 cents. In fact a very healthy increase . Maybe this is causing some confusion , but surely investors actually read the results ?
Odd drop today so far on the back of what at face value look like good results.
I originally bought in at 76p.....this company is in a vast and rapid growth market....I am super impressed with the results and will be holding long term.
I am constantly bewildered by how the markets react to results...go down when you expect a rise and vice versa
Are they mad?
Who the hell would be selling after these results.
What do they expect?
Must need the cash.
Agreed. Let's hope the market recognises them.
Well done AAF, another set of strong results
Evan
Could be right about result jitters , even with solid results , could still drop , i for one will be watching for a buy in Gla
Not quite sure why AAF is dropping >4 % today when the majority of stocks are recovering after yesterdays almost universal drop.
Could it be pre-results jitters in the market or has some bad news leaked......either way we will know tomorrow.
I for one expect solid results followed by a recovery gain.
DYOR.
The economic impact will obviously be bad, as it will be across most countries worldwide, and across most industries apart from defense. Mitigating this, Nigeria might see higher revenue from Oil. Perhaps people will eat more rice and less wheat. I doubt they will stop using phones or mobile money though.
What are your views on the economic impact (if any) on the countries AAF operates in.
I'm specifically trying to assess the impact of cereals and other foodstuff aquired directly or indirectly from areas affected by the current conflict.
Russia and Ukraine are among the top five global exporters of barley, sunflowers, and maize, and account for about a third of the world’s wheat exports.
Nigeria, the world’s fourth largest wheat importer, receives a fourth of its imports from Russia and Ukraine.
Cameroon, Tanzania, Uganda, and Sudan source more than 40 percent of their wheat imports from Russia and Ukraine.
Indirectly the conflict has caused a general rise in the price of many foodstuffs.
For anyone thinking of buying AAF hope this helps.
https://youtu.be/8ovpj-GzmxA
Three late trades of through late on the 14th, two at £7m and one at £882.53k. Thats £14.882m from institutional investors I would assume.
They appear to be unusually large investments.
Any insight?
Surprised there is not more comment on this major East Coast Bongo Flava news - Joti AND Diamond working TOGETHER!? Dinesh is clearly a big fan, you can tell from the picture he's itching to breakdance once the speeches are over...
.......in the absence of a stronger hypothesis.
https://www.thecitizen.co.tz/tanzania/news/business/diamond-platnumz-in-another-deal-with-airtel-tanzania-3780058
Todays rise seems to demonstrate how the regulatory changes are actually positive for AAF - they reduce unofficial access to services and theoretically deepen the moat against new rivals. AAF claim to provide a better service than other large operators, so this clampdown may also offer them an opportunity to grab more market share from people affected by the changes.
BlahBlahDoh - Thanks .Yes make sense. Risk v reward and some luck needed to buy at right time and sell..
True , it could have some negative impact on revenue IF it was introduced into countries in which AAF operates. They withdrew from Ghana in November. The tax could potentially suppress mobile money activity if it were introduced in Nigeria, but a modest tax surely wouldn't offset the advantages of what is effectively a bank account for people who have never had one before. In a rapidly growing market its initial effect would likely be virtually undetectable. The danger Royga is (presumably) highlighting is that greedy or desperate governments may seek to take an increasing slice of the cake over time.
Realty Ghana leave on mobile (electronic) payment. YES bookbulding is normal but above would make difference in revenue if introduce in other countries
https://www.theguardian.com/global-development/2022/apr/05/high-tech-higher-tax-ghanaians-face-punishing-new-levy-on-electronic-payments
...irrresponsible and speculative posting: as previously stated and checkable in RNSs, the institutional bookbuild sales are a regular feature here going back two years to a time when the SP was 80p.
I'd be more inclined to think about the implications of this than to worry about a few missing notional naira.
https://www.thecitizen.co.tz/tanzania/news/business/airtel-and-mavenir-conduct-india-s-first-open-ran-based-5g-nsa-validation-3771812
GLA
Yes I suppose the Motley people are already invested. The situation in Nigeria would apply all providers of telephony so the impact on AAF should not effect its market share and as stated in the RNS the subscribers who have not provided their ID will probably shape up when they lose some of their services . Mobile phones are pretty much essential in Africa so politically it could be a very bad idea to over tax them.
Results are due shortly, they will probably provide more clarity
ATB